• Latest
  • Trending
GAB reminds Magnolia player Abueva he is still on probation

GAB reminds Magnolia player Abueva he is still on probation

February 23, 2021
Inflation hits 26-month high in February

Inflation hits 26-month high in February

March 5, 2021
Philippine banks’ NPL ratio may rise up to 5% by end-2021 – Fitch

Philippine banks’ NPL ratio may rise up to 5% by end-2021 – Fitch

March 5, 2021
BSP expands types of loans counted as Agri-Agra compliance

BSP expands types of loans counted as Agri-Agra compliance

March 5, 2021
Security Bank to face asset quality risks due to large retail loan portfolio

Security Bank to face asset quality risks due to large retail loan portfolio

March 5, 2021
PSBank’s net income drops 63% in 2020

PSBank’s net income drops 63% in 2020

March 5, 2021
Central bank sells P80 billion in short-term bills

Central bank sells P80 billion in short-term bills

March 5, 2021
Peso rises as RTB sale ends

Peso rises as RTB sale ends

March 5, 2021
Over 3,000 COVID cases logged on Friday, highest since Oct. 16

Over 3,000 COVID cases logged on Friday, highest since Oct. 16

March 5, 2021
Ambassadors assure more COVID vaccine supply coming by mid-year

Ambassadors assure more COVID vaccine supply coming by mid-year

March 5, 2021
PAL, Cebu Pacific transport COVID vaccines to provinces

PAL, Cebu Pacific transport COVID vaccines to provinces

March 5, 2021
Cebu Landmasters expands in 4 more cities in Visayas, Mindanao

Cebu Landmasters expands in 4 more cities in Visayas, Mindanao

March 5, 2021
Cebu Pacific taps local banks for P16-B loan

Cebu Pacific taps local banks for P16-B loan

March 5, 2021
Retail
Saturday, March 6, 2021
  • Economy
  • Editor’s Pick
  • Investing
  • Politics
  • Stock
  • Top News
No Result
View All Result
Simple Money Goals
No Result
View All Result

GAB reminds Magnolia player Abueva he is still on probation

by
February 23, 2021
in Economy, Editor's Pick
0
THE GAMES AND AMUSEMENTS BOARD reminded Calvin Abueva that terms of his probations are still in effect despite transferring to the Magnolia Hotshots Pambansang Manok. — PBA IMAGES

NEWLY acquired Magnolia Hotshots Pambansang Manok player Calvin Abueva has been reminded by the local professional sports regulatory body that he is still on probation and must comply with the conditions set forth.

In a message to members of media on Tuesday, Games and Amusements Board (GAB) Chairman Baham Mitra shared that they have reached out to Mr. Abueva, through Magnolia team manager Alvin Patrimonio, on his obligations under the probationary setup given to him despite having transferred to a new Philippine Basketball Association (PBA) team.

YOU MAY ALSO LIKE

Inflation hits 26-month high in February

Philippine banks’ NPL ratio may rise up to 5% by end-2021 – Fitch

The reminder came after Mr. Abueva, the GAB said, missed some of his mandatory monitoring sessions in the last two months to attend to pressing family matters.

“Calvin is still under the six-month probation period. Even if he has transferred to a different team, as a professional athlete licensed by GAB, he still needs to honor what has been agreed upon and his commitment to the Board, which was the basis of the reinstatement. He is a professional athlete and the youth look up to him. We expect him to set an example to the younger generation,” said Mr. Mitra.

Mr. Abueva was reinstated in the PBA in October after being suspended by the league for 16 months for conduct unbecoming of a professional and actions detrimental to the association.

Advertisement

No sooner after his league suspension, GAB revoked Mr. Abueva’s professional license pending fulfilment of requirements for reinstatement.

The player worked hard to get his act together and eventually got his license back and was allowed by the PBA to join his former team Phoenix Super LPG Fuel Masters midway into the “bubble” tournament in October.

In his return, Mr. Abueva was still his all-around self, averaging 15.4 points, 11.3 rebounds, 5.2 assists and 1.7 steals, helping the Fuel Masters to come within a win away from advancing to their first-ever PBA finals appearance.

He was in the running for best player of the conference and held his emotions in check throughout the tournament, even earning consideration for the sportsmanship award.

Phoenix repaid his efforts by re-signing him to a three-year contract in December.

But last week, in a surprise move, Phoenix traded the seven-time All-Star to Magnolia in exchange for guard Chris Banchero and two picks in this year’s rookie draft.

In trading him, Phoenix said it was not an easy decision to make, considering what he brings to the team but something it had to do for it felt there were other teams that could better handle his persona on and off the court moving forward.

It went on to say that it considered the offer and felt it would be a win-win deal for all concerned with them getting value in return, apart from pursuing the direction it wants to take, and Magnolia acquiring a player like Mr. Abueva and the latter going to a good team.

Now with Magnolia, Mr. Mitra reiterated the need for Mr. Abueva to comply with the terms of his probation, which was signed with his former team Phoenix and now assumed by Magnolia.

These also include the Hotshots providing the necessary support that Mr. Abueva needs to cope with the demands warranted by his professional practice as an athlete.

GAB will reevaluate Mr. Abueva after completing his six months probation. — Michael Angelo S. Murillo

Advertisement




ShareTweetPin

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us and our affiliates. Remember that you can opt-out any time, we hate spam too!

Recent News

Inflation hits 26-month high in February

Inflation hits 26-month high in February

March 5, 2021
Philippine banks’ NPL ratio may rise up to 5% by end-2021 – Fitch

Philippine banks’ NPL ratio may rise up to 5% by end-2021 – Fitch

March 5, 2021
BSP expands types of loans counted as Agri-Agra compliance

BSP expands types of loans counted as Agri-Agra compliance

March 5, 2021

Disclaimer: SimpleMoneyGoals.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

  • About Us
  • Privacy Policy
  • Terms & Conditions
  • Email Whitelisting
  • Contact Us

Copyright © 2021 SimpleMoneyGoals. All Rights Reserved.

No Result
View All Result
  • Economy
  • Editor’s Pick
  • Investing
  • Politics
  • Stock
  • Top News

Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.



Your information is secure and your privacy is protected. By opting in you agree to receive emails from us and our affiliates. Remember that you can opt-out any time, we hate spam too!